According to @WhiteHouse, the United States is advancing towards a comprehensive federal regulatory framework for digital assets to provide clarity for investors and innovators. Key legislative efforts include the House-passed FIT21 Act, which aims to classify digital assets and define the roles of the SEC and CFTC, and the CLARITY Act, which establishes a functional framework for digital asset classification and consumer protection. Separately, an amendment from Senator Lummis proposes significant tax changes, including waiving taxes on crypto transactions below $300 and altering the tax treatment of staking and mining rewards to be taxed only upon sale, not acquisition. This change, sought by industry groups, would align tax policy with actual income realization for validators and miners. The amendment also seeks to close the wash-sale loophole used for tax-loss harvesting. Amidst these regulatory developments, Solana (SOL) is trading around $154.84, while Cardano (ADA) is near $0.5726, with both assets showing strength against Bitcoin (BTC) in their respective trading pairs.

According to @ItsDave_ADA, Cardano (ADA) has experienced significant price volatility, initially climbing to nearly $0.65 after the network surpassed 1.3 million staking addresses, a milestone highlighted by TapTools that signals strong fundamentals. However, the token later dropped 6% to $0.6412 amid a contentious community debate over a proposal to allocate $100 million from the treasury to boost stablecoin liquidity in its DeFi ecosystem. The debate features influential figures, with @cardano_whale warning of potential sell pressure, while founder Charles Hoskinson argued that gradual, over-the-counter (OTC) or time-weighted average price (TWAP) sales could prevent market disruption. From a trading perspective, the initial rally broke resistance at $0.635, while the subsequent drop found strong support at $0.622, with resistance now capping gains at $0.645. This price action reflects the conflict between positive on-chain growth and market concerns over the treasury proposal's execution.

According to @EricCryptoman, the crypto market is seeing significant narrative shifts in memecoins, with the Trump-affiliated World Liberty Foundation announcing plans to make its previously non-transferable WLFI token tradable. The source states the team confirmed via X they are "working behind the scenes to make it happen," a major pivot that would enable speculation on secondary markets. Concurrently, a new token named USELESS has surged to a nearly $90 million valuation by embracing its "useless" narrative. An influential backer, Unipcs, argues that since major memecoins like Dogecoin and PEPE are also technically useless but have multi-billion dollar valuations, USELESS is fundamentally undervalued. These developments unfold as major cryptocurrencies like Solana (SOL) show strength, with SOLUSDT trading up 2.899% around $151.19, while Cardano (ADA) remains stable, with ADAUSDT trading around $0.5613.